Consumption in Zambia
Zambia - ConsumptionDynamics likely continued to improve in the second quarter and momentum should have spilled over into Q3. The private sector PMI largely held its ground in April–August, although conditions continued to deteriorate overall. More positively, employment levels increased for the third consecutive month in August and at a slightly stronger pace, which should have supported spending. However, elevated inflation, specifically soaring food prices, could have dragged on the overall improvement. Meanwhile, upbeat prices for copper—the country’s key export—continued to support the external sector, with goods exports expanding robustly in April–July, although the pace of growth eased amid a fading base effect. Meanwhile, daily infection rates have plunged since peaking in late July, allowing authorities to ease restrictions somewhat, although the vaccine rollout remains sluggish.
Zambia - Consumption Data
|Consumption (annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||33.00||0.0 %||Dec 31|
|Exchange Rate||14.09||0.0 %||Jan 01|
|Stock Market||0.3||0.0 %||Jan 06|
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